Study the following definitions and
v., to wish for
desire to have our own home.
desires to retire when he becomes forty.
v., to report or relate minutely or in particulars
a. The office manager detailed each step of the
inventory process at the staff meeting.
b. Fabio created a financial statement that
detailed every expected expenditure for the next quarter.
3. forecast n., a prediction of a future event; v., to
estimate or calculate in advance
financial forecast indicates a deficit in the next quarter.
forecast a strong economic outlook.
n., a relative position or rank on a scale
a. We have never had an accountant work at such
a sophisticated level before.
meeting was only open to staff at the assistant director level or higher.
adj., regarded as a whole; general
company's overall expectations were out of proportion.
our costs are running true to prediction.
n., a mental view or outlook
a. The budget statement will give the manager
some perspective on where the costs of running the business are to be found.
b. Joseph's accountant gave him some
perspective as well as some data on how much he could expect to earn in his
first year in business.
v., to estimate or predict
a. We need to project our earnings and expenses
in order to plan next year's budget.
b. The director projects that the company will
need to hire ten new employees this year.
8. realistic adj.,
tending to or expressing an awareness of
things as they really are
found that an accurate accounting gave him a realistic idea of his business's
expectations are important when you review your financial statements.
v., to establish as a goal; n., a goal
targeted March as the deadline for completing the financial statement.
b. Most managers target desired income as the
primary criterion for success.
n., the act or process of translating
translation of the statement from Japanese into English was very helpful.
b. The accountant was able to provide a
translation of the economic terms used in the meeting.
adv., acting in conformity to a type; characteristically
a. Office expenses typically include such
things as salaries, rent, and office supplies.
director typically dominates the staff meetings.
n., an amount produced; v., to produce a profit
budget gave him the desired yield: a better indication of his expected profit.
company's investment yielded high returns.